California Cowboy

California Cowboy

Growth Stage

Head for the Thrills

Head for the Thrills

Overview

Raised this Round: Raised: $205,716

Total Commitments ($USD)

Platform

StartEngine

Start Date

08/16/2022

Close Date

12/23/2022

Min. Goal
$10,000
Max. Goal
$999,999
Min. Investment

$249

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.41

Pre-Money Valuation

$6,061,027

Year Founded

2015

Industry

Apparel & Fashion

Tech Sector

FashionTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

San Anselmo, California

Business Type

Growth

California Cowboy, with a valuation of $6.06 million, is raising funds on StartEngine. It is a direct-to-consumer brand that uses its social and technical design approach to make vibrant apparel. The unique elements of California Cowboy apparel enhance functionality and augment the social experience of the wearer. The technical clothes are suitable for improving athletic performance and enhancing post-game camaraderie. Drew Clark founded California Cowboy in September 2015. The current crowdfunding campaign has a minimum target of $9,999.90 and a maximum target of $999,999.02. The campaign proceeds will be used for launching new products, including PCH lightweight jogger, polos, and ApreSki Robe.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$3,063,067

$1,897,296

COGS

$1,498,026

$833,159

Tax

$0

$0

 

 

Net Income

$-1,658,999

$-668,878

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$346,172

$683,254

Accounts Receivable

$15,005

$14,711

Total Assets

$1,066,324

$1,382,307

Short-Term Debt

$1,685,089

$240,621

Long-Term Debt

$146,311

$632,797

Total Liabilities

$1,831,400

$873,418

Financials as of: 08/16/2022
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California Cowboy on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $6,061,027
Price per Share: $0.41

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Follow California Cowboy on StartEngine 2022

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Warning: according to the close date for this deal, California Cowboy may no longer be accepting investments.

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